516 7920 206 St, Langley BC - Apartment/Condo for Sale - MLS# R3153974

52 days on the market
$499,900
Est. Mortgage $2,212/mo
Listing updated:
EstateBlock checked:
The Hive 1
1 Beds
1 Baths
815 sqft
613 $ /sqft
331.55 $ Maint. fee
2024 built
52 days on the market
$499,900
$514,900
Est. $2,212/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 516 7920 206 Street

THE HIVE 1 - Discover sophisticated living in this well-designed 815 s.f. 5th floor apartment featuring an outstanding floorplan that maximizes space and flow. Spacious enough to work or entertain, with a private deck offering views of mountains and green space. Perfectly positioned in a central location with walkable access to Willoughby Town Centre. Two parking stalls provide added convenience and value. This is an ideal property for professionals, downsizers, or investors seeking a turnkey opportunity. A no-compromise choice that delivers location, views, and livability. Excellent condition throughout - move-in ready!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 0
Heating Type Electric
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Slab

Exterior Features

Exterior Features Playground, Balcony
View Description Mountain
Structures Multi Family, Residential Attached

Building Details

Price $499,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 815
Year Built 2024
Age Of Building 2
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Name The Hive 1
Ownership Type Freehold Strata
Maintenance Fee $331.55
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Concierge, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Guest, Side Access, Garage Door Opener
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions 100
Units In Development 88

Lot & Land

MLS® # R3153974
Area Langley
Neighbourhood Willoughby Heights
City Langley
Postal Code V2Y 3X1
Gross Taxes $2,076.06
Zoning CD-89

Property Timeline

Status Date Price
R3153974 / Active 08-06-2026 $499,900
Rooms
Floor Type Dimensions
Main Level Living Room 15'1 x 15'1 ft
Main Level Dining Room 11'2 x 11'2 ft
Main Level Kitchen 11'5 x 11'5 ft
Main Level Primary Bedroom 10'2 x 10'2 ft
Main Level Walk-In Closet 5' x 5' ft
Main Level Foyer 5'9 x 5'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #5

Listed by: Royal LePage - Wolstencroft

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Willoughby Elementary School
Above Average 0.29 km 7.1/10
Middle
Yorkson Creek Middle School
Average 0.94 km 6.4/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
King's School
Above Average 2.34 km 7.3/10
Elementary, Secondary
King's School
Above Average 2.34 km 7.3/10

Closest Transit

Bus Stop
Southbound 208 St @ 80 Ave
0.38 km
Skytrain
Skytrain @ Willowbrook Station ( Under Construction till 2029)
4.19 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average 24.2%
No Certificate/Degree
Below Average 12%
Owner Occupied
Above Average 78.9%
Employment Rate
Above Average 76.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

53 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $492,402
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.19 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WILLOUGHBY HEIGHTS compares
This property
52 DOM
Listed
Willoughby Heights avg
—
—
Langley avg
—
—

516 7920 206 Street has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.5% above comparable active properties in Willoughby Heights. The local market is currently a Balanced Market with a sales-to-active ratio of 15.5% — conditions are balanced. With only 420 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V2Y 3X1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 3X1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~3.6 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Langley - District currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~9 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30.1 °C baseline, ~32.7 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.

Precipitation Increasing

Annual precipitation ~1517 mm (1981–2010 baseline), projected ~1577 mm by the 2050s. Extreme 1-day rainfall: ~52.1 mm baseline, ~57.8 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (20 nearby)

  • Domino's · 21 m · Fast Food
  • Woking dragon · 122 m · Restaurant
  • Sirka · 140 m · Restaurant

Shopping (14 nearby)

  • Stylo style · 19 m · Beauty Shop
  • Sassy nails & spa · 83 m · Beauty Shop
  • Rbc · 103 m · Bank

Groceries (6 nearby)

  • Prime farm market · 132 m · Supermarket
  • Your independent grocer · 151 m · Supermarket
  • Town centre liquor store · 239 m · Beverages

Cafes (3 nearby)

  • Mattu's coffee & tea · 174 m · Cafe
  • Tim hortons · 532 m · Cafe
  • Gong cha · 586 m · Cafe

Healthcare (2 nearby)

  • Shoppers drug mart · 231 m · Healthcare
  • Value drug mart · 574 m · Healthcare

Gyms (1 nearby)

  • The tennis centre · 233 m · Gym

Transit (1 nearby)

  • Bus stop northbound 202a st @ 76 ave · 983 m · Transit

Schools NearBy

16 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Willoughby Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
7.1 / 10

Distance

288 m

Richard Bulpitt Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.6 / 10

Distance

729 m

Peter Ewart Middle School

Public

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

885 m

Yorkson Creek Middle School

Public

Grades Served

6-8

Catchment Info

In Catchment
6.4 / 10

Distance

942 m

R E Mountain Secondary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.03 KM

Lynn Fripps Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.1 / 10

Distance

1.03 KM

Josette Dandurand Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

1.20 KM

Alex Hope Elementary

Public

Grades Served

—

Catchment Info

—
8.0 / 10

Distance

1.56 KM

R C Garnett Demonstration Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.1 / 10

Distance

1.88 KM

Walnut Grove Secondary

Public

Grades Served

—

Catchment Info

—
7.8 / 10

Distance

2.25 KM

King's School

Independent

Grades Served

K-12

Catchment Info

—
7.5 / 10

Distance

2.34 KM

Gordon Greenwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.7 / 10

Distance

2.47 KM

Fraser Valley School

Independent

Grades Served

—

Catchment Info

—
5.9 / 10

Distance

2.48 KM

Dorothy Peacock Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.49 KM

James Kennedy Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.8 / 10

Distance

2.59 KM

COMPASS Christian Langley (Glover Rd.)

Independent

Grades Served

—

Catchment Info

—
0

Distance

2.99 KM

Walkability & Transit Near 516 7920 206 Street

Walk Score Badge
Car-Dependent 49

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 34

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
47

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 516 7920 206 Street

2026 assessed value, sourced from City of Langley open data (PID 032-155-204).
Total Assessed Value (2026)
$574,000
-5.0% YoY
-5.0%/yr over 1 yr
2025 Value Trend 2026
Land
$431,000
Buildings
$143,000
Year Built
N/A
Class
030
Zoning
CD-89
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $431,000 $143,000 $574,000
-5.0%
2025 $453,000 $151,000 $604,000 —

Mortgage Calculator for 516 7920 206 Street

/month
Principal & Interest
Property Taxes $173
Maintenance fee 331.55
Financing 80% of the $499,900 asking price over 30 years at 4% results in approximately $2,414/month in total estimated carrying costs, $173 property tax, $332 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,956/month in rental income, leaving a -$516/month cashflow at current carrying costs. Investors targeting break-even would need roughly 42% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 516 7920 206 Street, Langley

Buy Vs Rent Calculator

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Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Willoughby Heights, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $499,900
Langley Loading...
Willoughby Heights Loading...

Based on 9 comparable active apartments/condos in Willoughby Heights, the average asking price is $492,366. This listing is priced 1.5% above the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 516 7920 206 Street

Walk Score Badge
Car-Dependent 49

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 34

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
47

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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